Us Corrugating Board/Cardboard Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Corrugating Board/Cardboard Market was valued at USD 270 Billion in 2022 and is projected to reach USD 350 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The US corrugating board/cardboard market has witnessed remarkable growth over the last decade, driven by rising demand across various industries such as packaging, shipping, and logistics. The market for corrugated board, known for its lightweight and durable nature, is particularly essential for protecting products during transportation. As e-commerce continues to boom, the need for cardboard packaging has grown exponentially, leading to innovations in design and functionality. In 2023, the US market for corrugated cardboard packaging alone was valued at over $50 billion and is expected to grow at a compound annual growth rate (CAGR) of 4.5% through 2030.
There are several factors contributing to the expanding demand for corrugated cardboard in the United States. The e-commerce boom has made packaging a critical component of the customer experience. Online retailers, particularly giants like Amazon, rely heavily on corrugated cardboard for product protection and branding. Additionally, corrugated packaging offers an eco-friendly alternative to plastic, aligning with the growing trend of sustainability in manufacturing and retail. As consumers become more environmentally conscious, the demand for recyclable and biodegradable packaging materials like cardboard is set to increase.
One of the standout features of corrugated cardboard is its versatility. It's used across industries, from food and beverage to electronics and automotive sectors. In fact, corrugated board usage in food packaging alone has seen a consistent rise due to its ability to maintain product freshness and minimize spoilage. Moreover, corrugated boxes are essential for international shipping, as they offer protection and space efficiency, critical factors in global supply chains.
With ongoing advancements in fiber technology, cardboard manufacturers are also enhancing the strength, durability, and moisture resistance of their products. The integration of high-strength fiber composites and sustainable manufacturing practices has allowed for innovations like lighter yet stronger corrugated boards. These improvements are helping to meet the demands of industries seeking both cost-effective and environmentally friendly packaging solutions.
As the US corrugating board/cardboard market continues to evolve, manufacturers and retailers are focusing on meeting sustainability goals while improving packaging efficiency. It is also worth noting that the packaging industry's shift towards digital technologies and automation will likely further drive demand for smarter, custom-tailored cardboard solutions. The next few years will undoubtedly bring even more transformation to this rapidly growing sector, providing new opportunities for businesses to expand their operations.
Interestingly, the development of high-speed data networks like the 100 Gigabit Fiber Optic Transceiver Market could also play a role in optimizing logistics and supply chain operations, impacting the cardboard market indirectly. As communication speeds improve, more advanced tracking and inventory systems can be deployed, streamlining the movement and management of packaging materials, further boosting the growth of the corrugated board/cardboard market in the US.
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Greif
PCA
Pratt Industries
Sonoco Products Company
BillerudKorsn s
Svenska Cellulosa Aktiebolaget
Klabin
Longchen
Oji Fibre Solutions (NZ) Ltd
Zhejiang Jingxing
Ji'an Group
Lee & Man
Zhejiang Rongsheng
Smurfit Kappa Group
Astron Paper & Board Mill
Eagle Paper International Inc Thai Paper Mill Co
International Paper
Hazel Mercantile Limited
Universal Pulp & Paper
Nine Dragons Paper Holdings Limited
Mondi Group Plc
DS Smith Plc
Georgia-Pacific LLC
WestRock Company
KapStone Paper & Packaging Corporation
Metsä
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Corrugating Board/Cardboard Market
Recycled Fiber
Virgin Fiber
Mixed Fiber
Single-wall Board
Double-wall Board
Triple-wall Board
Die-cut Boxes
Food and Beverage
Electronics
Consumer Goods
Pharmaceuticals
Cosmetics and Personal Care
Standard Thickness (up to5 mm)
Medium Thickness (By5 mm to 5 mm)
Heavy Thickness (above 5 mm)
Packaging Boxes
Display Boxes
Protective Packaging
Shipping Containers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Corrugating Board/Cardboard Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Corrugating Board/Cardboard Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Corrugating Board/Cardboard Market, By Type
6. Global Corrugating Board/Cardboard Market, By Application
7. Global Corrugating Board/Cardboard Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Corrugating Board/Cardboard Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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